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HS201 HS202 HS203 HS206 HS207 HS210 HS213
Select the employment from the list shown. A list of benefits will be displayed. Some benefits are not taxable - HS207 covers the most common exemptions and concessions.
Car benefits are dealt with separately.
Type - click the magnifying glass to select the type of benefit click here to view a list of benefits available.
Description - this will be completed automatically by iris based on the type of benefit selected, a manual entry may also be made.
Value - enter the taxable value of the benefit-in-kind.
s336 claim - enter Y under s336 to claim the whole amount of the benefit as an expense. Where part of the benefit is not covered by a claim, enter this amount as a separate benefit. For example, Telephone usage may be apportioned between business and private use. Enter two benefits, one for business use with s336 claim and one for personal use without.
Amount made good from which tax deducted - if the employee has made good the amount given as a benefit-in-kind, it will not be taxable. If the amount has been taxed and entered elsewhere on the tax return, enter that amount here.
Tax on notional payments not borne by employee - where a 'payment is made for you' (type 5 benefit-in-kind only) and the employer has paid tax under PAYE on the client's behalf, if that tax exceeds the cash payment due for the pay period, the employer cannot deduct all the tax due on the non-cash items (type 5 benefits-in-kind). If this happens and the client does not account for the PAYE tax within 30 days of receiving the pay, the tax must be included as a benefit. Include the amount in the tax on notional payments not borne by employee field.
